FirmaIQ
Org.nr 920 510 515 2019 → 2020 Year-over-year analysis

ACS PROSJEKT AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-08-12; registry 2021-08-16; journal 2021 635010

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACS PROSJEKT AS. Revenue 174.2k NOK → 174.2k NOK (0.0%). Net result -197.1k NOK → -8 207 NOK. Equity -232.3k NOK → -240.5k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACS PROSJEKT AS.

At a glance

Scorecard

Revenue
174.2k NOK 174.2k NOK
0.0%
Operating result
-197.0k NOK -8 207 NOK
+95.8%
Net result
-197.1k NOK -8 207 NOK
+95.8%
Equity
-232.3k NOK -240.5k NOK
-3.5%
Cash
2 007 NOK -80 NOK
-104.0%
Total assets
2 007 NOK 48 NOK
-97.6%

What improved

  • ↑

    Operating result improved

    Operating result -197.0k NOK → -8 207 NOK (op. margin -113.1% → -4.7%). Calculated

  • ↑

    Net result improved

    Net result -197.1k NOK → -8 207 NOK (net margin -113.1% → -4.7%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -232.3k NOK → -240.5k NOK (equity ratio -11572.8% → -500985.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2 007 NOK → -80 NOK (-104.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -500985.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation